Thursday, February 6, 2014

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side at SPX 1767 as the Thursday rally continues. Commodities and semiconductors supply the bull fuel. SOX jumps above 423.89 which creates further market bullishness. The bears need GTX 4776, SOX 423.89 and/or UTIL 495.50; any one of the three would stall the upside. The last trade is dead flat for the algorithm program and the actual trading. Keybot cycles out of SDS and into QLD.

As always, stay alert for a whipsaw back to the short side today or tomorrow. The three parameters above will provide a heads-up if the whipsaw is in play. The bulls are driving the bus again but the caution flag remains out. Commodities, semiconductors and utilities are dictating market direction currently.

2/9/14; 7:00 PM EST =
2/7/14; 9:00 AM EST = 
2/6/14; 10:32 AM EST = +0; signal line is -14; go long 1767; (Benchmark SPX for 2014 = -3.8%)(Keybot this trade = +0.0%; Keybot for 2014 = +0.0%)(Actual this trade = -0.1%; Actual for 2014 = -1.3%)
2/6/14; 10:22 AM EST = +0; signal line is -14 but algorithm remains short
2/6/14; 9:36 AM EST = -16; signal line is -13
2/4/14; 9:36 AM EST = -30; signal line is -11
2/3/14; 3:50 PM EST = -44; signal line is -9
2/3/14; 3:36 PM EST = -30; signal line is -6
2/3/14; 3:01 PM EST = -44; signal line is -4
2/3/14; 11:49 AM EST = -30; signal line is -1
2/3/14; 10:48 AM EST = -14; signal line is +1
2/3/14; 10:16 AM EST = +2; signal line is +3; go short 1768; (Benchmark SPX for 2014 = -4.3%)(Keybot this trade = -1.3%; Keybot for 2014 = +0.0%)(Actual this trade = -3.2%; Actual for 2014 = -1.2%)

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